Best Interest Rates on A Savings Account in the UK 2013 & 2014

The economy is getting back up off of its knees and that means that you can expect slightly better interest rates on your savings account. We have done some homework and have information on the best interest rates for savings account in the UK in 2013 and 2014 so lets see where you should be looking at switching your money to.

Easy Saving Accounts Without Penalties

When looking for the best interest rates on a savings account in the UK for 2013 and 2014 it was important to find accounts that give a saver as much flexibility with their money as possible. For this reason we have not included fixed term accounts here as locking a large sum of money away for a set period of time is not an easy thing to do. We have found the best savings accounts that do not penalise you for withdrawing your cash when you most need it.

Derbyshire Building Society have a nice little savings account that offers you maximum flexibility with your money. The account is named Netsaver and it has an AER of 1.2% on sums between £1,000 to £5,000 with withdrawals being permitted throughout the year. This account is ideal if you are looking to get a small sum of money together to buy something.

If you are aiming a little higher and have a lot of cash to save then take a look at the Easy Access account with Investec. This account allows you to save up to £250,000 with an AER interest rate of 1.55%. With this account you are free to deposit and withdraw money at any time without penalty showing that the account really lives up to its name.

Great Value with Barclays

Another one of the best interest rates on a savings account in the UK for 2013 and 2014 can be found with Barclays who have a fantastic regular savers savings account called Monthly Savings account that pays 3.25% AER. This account allows you to save up to £3,000 in a 12 month period by setting up a direct debit payment into the account of between £20 to £250 per month.